E A Hide Time Remaining A A summary of a retailer's bank statements identified that, during the year, cheques for GHC948,500 were drawn in the name of suppliers. However, cheques drawn in the name of suppliers, not presented to the bank were GHC42, 400 at commencement and GHC59, 200 at the end of the year. Trade payables were GHC214, 600 at commencement and GHC159,400 at the end of the year. Cash discounts E A Hide Time Remaining A A summary of a retailer's bank statements identified that, during the year, cheques for GHC948,500 were drawn in the name of suppliers. However, cheques drawn in the name of suppliers, not presented to the bank were GHC42, 400 at commencement and GHC59, 200 at the end of the year. Trade payables were GHC214, 600 at commencement and GHC159,400 at the end of the year. Cash discounts